ThaiCapitalist research
BCPG sets Bt8.6b investment budget to sustain growth ambitions. Comment: It looks like their acquisition spree has been slowing down. TKN sets 10-15% revenue growth target this year, to expand branches here and overseas and change distributors, and seek new partners in US and China. Comment: This has been an interesting stock (not company) to […]
Read More →Ready for some speculation on how these shares will perform? FTSE SET Large Cap Index – Add: HMPRO, GULF, EA, MINT, MAKRO, BEM, DIF FTSE SET Large Cap Index – Delete: None FTSE SET Mid Cap Index – Add: MTC, GPSC FTSE SET Mid Cap Index – Delete: None FTSE SET Small Cap Index – Add: […]
Read More →AOT AOT board yesterday gave the nod to a Bt42b plan to build a 2nd terminal at Suvarnabhumi airport, but it scrapped a controversial blueprint for the terminal’s design. Comment: And so..now what?  BANPU BANPU anticipates 1Q turnaround driven by full quarter power gen capacity of BLCP powerplants following maintenance shutdown 4Q18. KOOL KOOL anticipates meaningful turnaround […]
Read More →ADVANC ADVANC to trade Bt3.30 XD on Wed 20Government says it needs time to consider whether delaying bidding on 5G Comment: It would be ridiculous if the government approves a postponement of payment for the 4G license bidding. Except for TRUE (which is a financial basket case), DTAC and ADVANC make plenty of CF. AOT […]
Read More →I’ve been writing notes on this for weeks and with the constant changes..its been amusing. And so before anything else changes here are my random thoughts for Thai politics. And so Thailand has elections, joy to the world! When? 17th March 2019 (early voting for non residents in provinces) and 24th March 2019 Which fortune […]
Read More →So here we are, some earnings are out and are meh, some are ok, nothing is really being knocked out of the park, although if you have a look at Thai Beverage’s (listed in Singapore) #’s their spirits (alcohol) business did gang busters business. Thai government stimulus paying off?
Read More →Notable Transactions Buy(s) THB 1.5 mn N/A Sell(s) THB 768 mn ADAM – Probably a backdoor listing on the cards Comment: One main reason you’ll see less management/director share movements is because its Full year reporting season and therefore until it is completed this will be quiet
Read More →Thai bonds to draw foreign investors : Rise in capital inflow seen if baht maintains upward trend in first half of year. The strengthening of the baht since the beginning of the year would draw foreign investors to the Thai bond market, said Thiti Tantikulanan, head of Kasikornbank’s Captial Markets Business Division, adding that sectors […]
Read More →AH AH upbeat 1H earnings from delivery of auto parts to clients, expects full year exports sales +10% yoy, eyes 5% revenue growth target. Comment: The profit growth is > than revenue but that’s due to their odd deal structure in India BGRIM BGRIM raised holding in subsidiary, Bgrim Solar Power Rooftop, to Bt251m from […]
Read More →ASIAN ASIAN reaffirms big jump 1Q from strong premium pet food exports aft team up with German partner, Happy Pet, to expand mkt in Europe. CPN CPN in talk to renew lease contracts with 2 key clients, ZEN and Isetan dept store, before expiry in 1Q&3Q19, upbeat prospect from higher rental rev and L/T cash […]
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